Rosa’s, the London-based, Thai cafe concept, which was founded by British husband and Thai wife team Alex and Saiphin Moore, has put discussions regarding new funding on hold, MCA has learnt.
The eight-strong group, which also operates Lao’s Café and Saiphin’s Thai Kitchen, is understood to have had a couple of discussions with different private equity parties but MCA understands those talks have been pushed back to next year as the group’s concentrates on further openings in West Hampstead, Seven Dials and One Tower Bridge.
The company recently relaunched its site in Westfield Stratford as Rosa’s Thai Market Kitchen, a new concept focusing on “customisable, market-style dining”.
Alex Moore told MCA that the new design was purely for rollout in food courts and high-footfall sites and would not be retrofitted into the rest of its existing estate.
The group, which secured £1.8m of new bank funding from Santander at the start of last year, also recently opened Saiphin’s Thai Kitchen in London Fields, a brand new Thai food concept positioned as a complementary rather than competing brand to Rosa’s, providing the local area with a delivery and takeaway-focused service.